TTR In The Press
Bloomberg Línea
September 2022
Rounds of the Week: Venture Capital Keeps Flowing into LatAm, Albeit More Slowly
Venture capital experts had already warned that investors would be more cautious, but this week Bankme, Medu Protection, Menta and Efinti were among the startups that captured capital
Bloomberg Línea — Welcome to the rounds of the week. Some startups are defying the venture capital crisis, derived from the tumble in shares of large technology companies, with startups such as BBankme, Medu, Protection, Menta and Efinti, which this week announced that they have closed early stage rounds.
Venture capital experts had already warned that investors will be more cautious and bet only on the best business models, and as the weeks go by it can be seen that investment rounds are taking longer to fall.
This is not just a perception, as the drop in venture capital investments is supported by data. As reported by Bloomberg Línea in August, Latin American private equity investment association LAVCA said there has been a 19.4% plunge in venture capital investments in the region in the first half of this year, as the first six months of 2022 saw $5.4 billion invested, versus $6.7 billion in the same period.
Source: Bloomberg Línea